Optimization Methods

Optimization methods are strategies used to find the best possible solution to a problem among many options. Imagine trying to maximize profit or minimize costs—these methods help identify the most efficient decision or course of action. They analyze information, constraints, and objectives to systematically improve outcomes. Different techniques, like mathematical algorithms or computer programs, are employed depending on the complexity of the problem. In essence, optimization guides us to make the most effective choices given the available data and limitations.